Retirement plan

TOTTEN TUBES, INC. PROFIT SHARING PLAN

Name: TOTTEN TUBES, INC. - TOTTEN TUBES, INC. PROFIT SHARING PLAN (2022) Form 5500
Creator: TOTTEN TUBES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TOTTEN TUBES, INC. PROFIT SHARING PLAN, TOTTEN TUBES, INC.

TOTTEN TUBES, INC.EIN 95-1841007Plan #001PY 2022

500 DANLEE STREET - AZUSA, CA 917022341626-812-0220tottentubes.comLinkedIn51-200 employeesbuilding materials

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$13.5M

-13.4% from 2021

Total participants

133

+5.6% from 2021

Average account balance

$127,782

-11.0% from 2021

Annual return

-16.74%

-28.71 pp from 2021

Benchmarks

See 1,873 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,873 peers

Snapshot2022

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$19.40M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$149K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

130

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

90.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.28M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+17.56%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$348

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

See the 10-year trajectory. $4.99 for your first month.

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL1 year Service code 37 · EIN 04-2647786	Loan Processing	$19,341
RBC WEALTH MANAGEMENT1 year Service code 27 · EIN 04-2654524	Advisory (Plan)	$14,625

Plan features & details

Pension benefit codes2T2A2E2F2G2J3D2R

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$40K

$337 / participant

Investment mgmt$9522.4%
Other / not subdivided$39K97.6%

% of EOY assets

0.294%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: ROSE, SNYDER & JACOBS, LLP
Auditor EIN: 454095250
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$127,782

$72,607+76.0%

$90,749+40.8%

$66,914+91.0%

Participation rate

77.1%

73.7%+3.4pp

75.7%+1.4pp

69.8%+7.3pp

Annual return

-16.74%

-12.28%-4.5pp

-12.16%-4.6pp

1.58%-18.3pp

Employer contribution / active EE

$14,740

$2,369+522.3%

$2,921+404.7%

$2,544+479.4%

Participant deferral / active EE

$956

$3,977-76.0%

$4,564-79.0%

$4,237-77.4%

Admin fee / account holder

$375

$707-46.9%

$8,445-95.6%

$593-36.7%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Service code 37 · EIN 04-2647786

Loan Processing

$19,341

RBC WEALTH MANAGEMENT1 year

Service code 27 · EIN 04-2654524

Advisory (Plan)

$14,625

TOTTEN TUBES, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TOTTEN TUBES, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion